LTC not able to change trend directoin
LTC tried breaking through the declining line several times but always retraced again. Price bounced twice at two Fibonacci lines. Also 200 EMA is showing no sign of a trend change. Overall little volume in the past week. MACD also pretty bearish at the moment. Continuously lower highs throughout the week. Buying not recommended since it will likely go down even further.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.